shtf
populationcollapse
debtcollapse
starvation
disaster
chaos
foodcollapse
pensions
02/23/2024
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By Laura Harris
Google faces backlash over MASS LAYOFFS in January despite company’s financial success
Tech giant Google has once again come under fire after conducting another round of mass layoffs in January to streamline operations and allocate more resources to artificial intelligence (AI). The job cuts, which affected a thousand employees, included hundreds of workers in the voice assistant sector, hardware teams responsible for Pixel, Nest and Fitbit products, augmented reality, engineering […]
02/21/2024
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By Cassie B.
Worsenining commercial real estate market woes could spark a new banking crisis
Worries are growing that the U.S. commercial real estate market’s current woes could lead to another banking crisis. This year, around $929 billion in outstanding commercial mortgages will mature, the Mortgage Bankers Association reports. This is a staggering amount that equates to 20 percent of the $4.7 trillion outstanding debt overall. But with higher interest […]
02/15/2024
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By Ethan Huff
Financial dominoes tumble as commercial real estate sector IMPLODES
A top-performing fund manager is warning that large segments of the global market, particularly in the commercial real estate sector, are “in very deep trouble.” Jonathan Golan of Man Group Plc in London says the potential for defaults will not be confined strictly to the United States, whose economy is barely limping along on life […]
02/13/2024
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By Ethan Huff
Commercial real estate COLLAPSE threatens to trigger a wave of bank failures
America’s distressed commercial real estate sector is once again sending shockwaves throughout the fiat banking system after Moody’s decided to cut New York Community Bancorp’s (NYCB) credit rating to junk status. The move triggered a massive selloff in regional bank stocks that is only expected to worsen as the dire state of commercial real estate […]
02/11/2024
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By Cassie B.
Fears of more regional bank failures grow as Moody’s cuts New York Community Bancorp’s credit rating to junk status
Moody’s Investors Service has downgraded its credit rating for New York Community Bancorp (NYCB) to junk status – its lowest investment-grade rating – as the troubled regional bank continues to struggle. The downgrade pushed its credit rating down two full notches and indicates serious doubts about whether it will be able to repay debt holders. […]
02/01/2024
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By Ethan Huff
Swelling DEBT crisis creating financial “death spiral” in America, economist warns
“Black Swan” author Nassim Taleb has a serious warning for America: the country’s debt pile is reaching “death spiral” proportions – and only a “miracle” can save the United States from what comes next. Referring to the mounting U.S. debt load as a “white swan” means a risk event that is highly predictable and probable. […]
01/26/2024
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By Ethan Huff
Insolvency experts warn: More than 47,000 U.K. businesses on “brink of collapse” as global economy crumbles
The number of businesses in the United Kingdom facing “critical” financial distress in the final three months of 2023 skyrocketed by 25 percent, according to a new report. And 47,000 of them are now on the brink of going under entirely as conditions worsen. Despite continued government claims that economic conditions are just dandy, the […]
01/25/2024
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By Ethan Huff
American economy running on FUMES as consumer debt binge reaches ominous and historic fever pitch
Cost of living in the United States is so out of control that consumers are going into debt like never before in the nation’s history. This historic debt binge seemingly has no end, especially because of the increasingly harsh economic environment that is making it next to impossible for many people to continue making ends […]
01/09/2024
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By Ethan Huff
NEW RECORD: U.S. national debt tops $34 trillion as nation accelerates toward financial collapse
For the first time in history, the national debt of the United States has surged over $34 trillion, according to the latest fiscal data published by the Department of the Treasury. On Dec. 29, 2023, the U.S. national debt reached $34,001,493,655,565.38 after one day prior hitting $33,911,227,723,170. In just one day over the holidays, in […]
01/04/2024
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By News Editors
Why 2024 will be “the year of chaos”
Many of us thought 2023 was a horrible year, and we are glad to bid it good riddance. 2024 certainly has started off as a year of chaos with a massive Japanese earthquake and tsunami. That is not the kind of event one can predict, so I am not suggesting, in the least, that it […]
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